Global Drilling Machine Market is valued at USD 21.28 Billion in 2021 and expected to reach USD 33.97 Billion by 2028 with a CAGR of 6.91% over the forecast period.
Drilling machine is the very essential machine tools in a workshop. It was designed to make a cylindrical hole as per required size of diameter and depth on workpiece of material. Though out holes can be made by various machine tools in a shop, drilling machine is make for specifically to perform the operation of drilling and similar operations. Effort less Drilling can be done at a low cost in minimum time with the help of drilling machine. Drilling may be called as the operation of hole making required diameter and depth by removing material by the rotating edges of a drill. The cutting tool known as drill is fitted into the spindle internal taper of the drilling machine. The rotating drill is pressed at the required location and is fed into the workpiece. The hole can be made as per required depth. Our report studies global Drilling Machine market and covers historical and forecast data for application, regional and country.
|Historical data||2015 - 2021|
|Forecast Period||2022 - 2028|
|Market Size in 2021:||USD 21.28 Billion|
|Base year considered||2021|
|Forecast Period CAGR %:||6.91%|
|Market Size Expected in 2028:||USD 33.97 Billion|
|Tables, Charts & Figures:||175|
|Drilling Machine Companies||Alpen-Maykestag G, Cameron Micro Drill Presses, CHUAN KING SANG MACHINERY CO. LTD., DATRON, DMG MORI, DMTG, ERNST LENZ Maschinenbau GmbH,Fehlmann, Gate Machinery , nternational, Hsin Geeli Hardware Enterprise, IHC Fundex Equipment, Kaufman, , Microlution, Minitool, MTI, NewTech Drilling Products LLC, Om International Machine Tools, Roku, K.Industries., Others.|
|Segments Covered||By Product Type,By Application Type|
|Regional Analysis||North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa|
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